Anorak News | Transfer Balls: Arsenal Trigger That Fabregas £175m Release Clause

Transfer Balls: Arsenal Trigger That Fabregas £175m Release Clause

by | 1st, June 2014

WHEN Cesc Fabregas left Arsenal For Barcelona, the Daily Mail said his contract contract had a £130m buy-out clause.  The BBC said that was rubbish – the clause was worth £175m.

The Telegraph told readers:

While Barcelona believe the deal is worth no more than €40 million (£35 million), Arsenal value the transfer at almost £40 million after Fabregas agreed to waive a £4 million loyalty bonus.

We also learnt:

Arsenal will receive €14.5 million up front, with another €14.5 million to be paid in October. A further €1 million will be released for each year of a contract that lasts until 2016.

That was August 2011. Which, if right, means Arsenal have been paid €32 million for the player.

So. Mindful of the facts, let’s see what Metro have  said today about Fabregas:

The Gunners are understood to have the right to buy back their former skipper for £29.2m – £800,000 more than what Barca paid for him three years’ ago.

And this is what the Metro told readers in 2011:

The final deal is reported to include an initial payment of £27m with an additional £5.2m in performance-based add-ons at a later stage.

Those add-ones reliant on Barca winning two league titles or a Campions’ League. They did not. So. No bonus.

Journalists are notoriously bad at maths, but we’re certain £29.2m is not 800,000 more than £27m.

And to put the tin lid on the utter balls, Sky Sports state:

It is understood that Fabregas has a £30million release clause written into his contract.

No. Not £130m.

Posted: 1st, June 2014 | In: Arsenal, Sports Comment | TrackBack | Permalink